Not all FHA loans are assumable, some are to qualified owner occupied buyers.Readers, please do your own research and don't just go by what people post on the internet.

People's attitude changed how they do business in this internet world. 

Outside of my principal & interest costs, here are my monthly expenses:Electric: averages $300Water: averages $50 (including irrigation water for lawn)Management (includes weekly pool care, trash cans out & in, pest control): $280HOA: $52Property taxes: $400Insurance: $325Lawn care (weekly): $100Florida STR license: $15Niceties (internet, tv services for guests): $100, and this is generous as I include some stuff I pay for from my own house that would cost more if I didn't. 

Some mentees will act as a bloodhound for the mentor, knocking on doors, driving for dollars, scouring the internet, making cold calls, or performing other services that help the mentor find new deals.

I am just a person on an internet message board, but have known enough attorneys and seen second and third hand enough lawsuits to know you are getting dragged in no matter what.Just a few things to think about before you start spending money to transfer, just to learn that it will cost you a lot more to have things like commercial insurance, commercial mortgage, business utility account (not more expensive, but typically require a large deposit to remain on account), etc.

Some examples of these techniques include sending out targeted mailers or running internet advertisements.

It will be self managed, I will be near the unit (less than 5 mins away) to clean and take care of any issues.My numbers:Approx Value of Home $240-280kCurrent monthly cost / $860 mo (mortg,ins,tax)Utilities / $250. mo (elec,gas,water,trash,internet)Cost to run as AirbnbApprox monthly cost with STR insurance ($250/mo?)

If you just send the standard "will buy your house for cash" postcards, or do generic bandit signs, or canned PPC internet leads, you will waste all of your time on crap "leads" that aren't real.

The internet is information overload.  

Contracts found on the internet from strangers are often dated, not in compliance with your local laws, or plain trash.